mcdonald’s financial analysis
TRANSCRIPT
Group 1: McDonal Financial Analysis
Group members: Nguyen Thi Que Chi 332951 Nguyen Quoc Phi Khanh 3329 Nguyen Thi Quynh Mai 3329
Balance Sheet(Two-Year Comparison)
Statement of Income and Cash Flow (Two-Year Comparison)
Balance Sheet(Competitor Comparison)
McDonal Comp.Dec 2014
Yum BrandDec 2014 $Variance
Balance Sheet
McDonal Comp.Dec 2014
Yum BrandDec 2014 $Variance
Balance Sheet (cont.)
Income Statement(Competitor Comparison)
McDonal Comp.Dec 2014
Yum BrandDec 2014 $Variance
Income Statement
McDonal Comp.Dec 2014
Yum BrandDec 2014 $Variance
Income Statement (cont.)
Cash Flow(Competitor Comparison)
v
McDonal Comp.Dec 2014
Yum BrandDec 2014 $Variance
Cash Flow
McDonal Comp.Dec 2014
Yum BrandDec 2014 $Variance
Cash Flow (cont.)
Change trends
• McDonald 2008 2009 2010 2011 2012 2013 2014
Total Assets 28,462 30,225 31,975 32,990 35,387 36,626 34,281Long-Term Debt 10,186 10,560 11,497 12,134 13,633 14,130 14,990
Total Liabilities 15,079 16,191 17,341 18,600 20,093 20,617 21,428Retained Earnings 28,954 31,271 33,812 36,708 39,278 41,751 43,295
Revenue 23,522 22,745 24,075 27,006 27,567 28,106 27,441Net Issuance of Debt 1,046 219 787 1,004 1,205 535 1,503
• Yum!2008 2009 2010 2011 2012 2013 2014
Total Assets 6,527 7,148 8,316 8,834 9,013 8,695 8,345Long-Term Debt 3,564 3,207 2,915 2,997 2,932 2,918 3,077
Total Liabilities 6,635 6,123 6,740 7,011 6,859 6,529 6,798
Retained Earnings 303 996 1,717 2,052 2,286 2,102 1,737
Revenue 11,304 10,836 11,343 12,626 13,633 13,084 13,279
Net Issuance of Debt 375 -332 313 -262 -282 -67 350
Total Assets Long term debt
2008 2009 2010 2011 2012 2013 20140
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
McDonald Yum!
2008 2009 2010 2011 2012 2013 20140
5,000
10,000
15,000
20,000
25,000
30,000
35,000
40,000
McDonald Yum!
Total liabilities
2008 2009 2010 2011 2012 2013 20140
5,000
10,000
15,000
20,000
25,000
McDonald Yum!
Retained earnings
2008 2009 2010 2011 2012 2013 20140
5,000
10,000
15,000
20,000
25,000
30,000
35,000
40,000
45,000
50,000
McDonald Yum!
Revenue
2008 2009 2010 2011 2012 2013 20140
5,000
10,000
15,000
20,000
25,000
30,000
McDonald Yum!
Net issuance of debt
2008 2009 2010 2011 2012 2013 2014
-500
0
500
1,000
1,500
2,000
McDonald Yum!
Ratios Analysis
Dec 08
Dec 09
Dec 10
Dec 11
Dec 12
Dec 13
Dec 14
Current ratio 1.39 1.14 1.49 1.25 1.45 1.59 1.52
Quick ratio 1.34 1.11 1.46 1.22 1.41 1.55 1.48
Cash ratio 0.81 0.60 0.82 0.67 0.69 0.88 0.76
McDonald Financial ratios (times)
Dec 08
Dec 09
Dec 10
Dec 11
Dec 12
Dec 13
Dec 14
Current ratio 0.55 0.73 0.94 0.95 0.84 0.75 0.68
Quick ratio 0.47 0.66 0.87 0.84 0.71 0.62 0.56
Cash ratio 0.13 0.21 0.58 0.49 0.34 0.25 0.24
Yum! Financial ratios (times)
2008 2009 2010 2011 2012 2013 20140
0.20.40.60.8
11.21.41.61.8
Current ratio Quick ratio Cash ratio
McDonald
2008 2009 2010 2011 2012 2013 20140
0.10.20.30.40.50.60.70.80.9
1
Current ratioQuick ratio Cash ratio
Yum!
(times)
(times)
Current ratio
Quick ratio Cash ratio Current ratio
Quick ratio Cash ratio 0
0.2
0.4
0.6
0.8
1
1.2
1.4
1.6
McDonaldYum!
2008 2014
2008 2009 2010 2013 20140
20
40
60
80
100
120
140
160
180
McDonaldYUM!
2008 2009 2010 2013 20140
10
20
30
40
50
60
McDonaldYUM!
Inventory Turnover•
Receivables Turnover
Stock and stock valuation
MC Donald Yum BrandsPrev Close: 95.79
Open: 96.13
Bid: 96.56 x 300
Ask: 97.29 x 100
1y Target Est: 102.75
Beta: 0.67
Next Earnings Date: 23-Jul-15
Day's Range: 95.93 - 97.35
52wk Range: 87.62 - 101.67
Volume: 6,039,506
Avg Vol (3m): 5,981,720
Market Cap: 93.25B
P/E (ttm): 21.84
EPS (ttm): 4.46
Div & Yield: 3.40 (3.50%)
Prev Close: 91.38
Open: 91.72
Bid: 92.00 x 100
Ask: 93.21 x 200
1y Target Est: 92.63
Beta: 1.11
Next Earnings Date: 14-Jul-15
Day's Range: 91.38 - 93.06
52wk Range: 65.81 - 95.90
Volume: 2,159,904
Avg Vol (3m): 3,564,020
Market Cap: 40.11B
P/E (ttm): 41.15
EPS (ttm): 2.25
Div & Yield: 1.64 (1.80%)
Mc Donald Yum Brands